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Insider Trading Arrangements
 3 Months Ended 6 Months Ended
Jun. 30, 2024
shares
Jun. 30, 2024
shares
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
During the period from April 1, 2024, to June 30, 2024, our executive officers and directors adopted or terminated contracts, instructions or written plans for the purchase or sale of our securities as noted below:
Name and TitleActionDateTrading Arrangement
Total Shares Authorized
to be Sold***
Expiration
Date
Rule 10b5-1*Non-Rule 10b5-1**
David BoyerAdoption6/14/2024X23,327 2/15/2025
Chief Corporate Affairs Officer
Kevin Gorman, Ph.D.
Adoption6/14/2024X252,427 2/04/2026
Chief Executive Officer
William Rastetter, Ph.D.
Adoption6/14/2024X30,000 5/27/2025
Director
______________
*     Intended to satisfy the affirmative defense of Rule 10b5-1(c)
**         Not intended to satisfy the affirmative defense of Rule 10b5-1(c)
***    Represents the maximum number of shares that may be sold pursuant to the 10b5-1 arrangement. The number of shares sold is dependent on the satisfaction of certain conditions as set forth in the written plan and the satisfaction of applicable vesting conditions of equity awards.
In addition, our executive officers have entered into sell-to-cover arrangements adopted pursuant to Rule 10b5-1 authorizing the pre-arranged sale of shares to satisfy tax withholding obligations of the Company arising exclusively from the vesting of time-vesting or performance-vesting restricted stock units and the related issuance of shares. The amount of shares to be sold to satisfy the Company’s tax withholding obligations under these arrangements is dependent on future events which cannot be known at this time, including the future trading price of Company shares. The expiration date relating to these arrangements is dependent on future events which cannot be known at this time, including the final vest date of the applicable time-vesting or performance-vesting restricted stock units and the officer’s termination of service.
Non-Rule 10b5-1 Arrangement Adopted false  
Rule 10b5-1 Arrangement Terminated false  
Non-Rule 10b5-1 Arrangement Terminated false  
David Boyer [Member]    
Trading Arrangements, by Individual    
Name David Boyer  
Title Chief Corporate Affairs Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date 6/14/2024  
Arrangement Duration 246 days  
Aggregate Available 23,327 23,327
Kevin Gorman, Ph.D. [Member]    
Trading Arrangements, by Individual    
Name Kevin Gorman, Ph.D.  
Title Chief Executive Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date 6/14/2024  
Arrangement Duration 600 days  
Aggregate Available 252,427 252,427
William Rastetter, Ph.D. [Member]    
Trading Arrangements, by Individual    
Name William Rastetter, Ph.D.  
Title Director  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date 6/14/2024  
Arrangement Duration 347 days  
Aggregate Available 30,000 30,000